CARES – Paycheck Protection Program

The program provides 100% federally guaranteed loans to small businesses with the goal of helping them keep their employees employed during the COVID-19 pandemic and any resulting economic downturn.

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SBA Debt Relief

The CARES Act allocated $17 billion to help small businesses cover 6 months of payments on SBA 7(a) loans. The 7(a) loan program is SBA’s primary program for providing financial assistance to small businesses.

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SBA Economic Injury Disaster Loans

SBA’s EIDL program provides small businesses with working capital loans of up to $2 million to cover temporary losses suffered as a result of COVID-19.

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SBA Express Bridge Loans

If you currently have a relationship with an SBA Express Lender, the Express Bridge Loan Pilot Program allows your small business to receive expedited financing, of up to $25,000, on an emergency basis while applying for and awaiting long-term financing.

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Tax Provisions – COVID-19 Tenant Resources

The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Families First Coronavirus Response Act (FFCRA) contain a number of tax provisions and amendments that are designed to help employers access cash and retain employees during the COVID-19 pandemic.

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